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Unilever

Marine conservation groups are claiming victory after Unilever agreed to phase out minuscule plastic "microbeads" used in its facial scrubs and exfoliators because of the environmental damage they cause.

The 353 million yuan (HK$439 million) penalty the National Development and Reform Commission (NDRC) slapped on a price cartel of six Taiwanese and South Korean makers of liquid crystal displays sets a precedent.

It signals Beijing's resolve to act against monopolistic behaviour not just by domestic firms but multinationals as well.

Consumer product giant Unilever, whose brands include Lux and Dove soaps and Sure deodorants, reportedly raised prices on some personal care products only a few weeks after the state pricing regulator fined it for talking about price increases.

The central government has fined global consumer products giant Unilever 2 million yuan (HK$2.4 million) for talking to the media about expected price rises, action which has been blamed for triggering panic buying amid inflation fears.

Unilever Hong Kong, a leading fast-moving consumer goods multinational, is on the lookout for a top sales professional to join its Foodsolutions division. The incumbent will formulate sales strategy and execute initiatives which expand product penetration, and collaborate with marketing to work out promotional plans.

From Lipton tea to Dove personal wash, many of the best-known products we use at home are made by Unilever. The company has an extensive range of well-known products and is continually launching innovative items to meet consumer demand.

Bawang International, a mainland personal care product maker and distributor, has replaced Goldman Sachs with Morgan Stanley as the sponsor of its Hong Kong listing, a move that will delay the deal to next year, sources say.

Twenty per cent of beauty product advertisements in Shanghai contravene mainland law, mainly by exaggerating the effectiveness of the products, the Shanghai Industry and Commerce Bureau said yesterday.